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. >>> expiration of geothermal energy under oregon's largest volcano is moving headed. the testing phase should be complete i had about 2014. has estimated cost of $43.8 million, with half of its fund coming from, the department of energy of course. >>> marathon petroleum is buying an infamous refinery, we were talking about this, from bp. marathon will pay a base price of $598 million for the texas city oil refinery. you remember that name because there was a big explosion at the plant in 05 and it killed 15 woers. the purchase price is reportedly well below the amount bp was aiming for. >>> oil prices slid on global demand fears as the world bank cut its economic growth estimates for china and the asian continent. crude settled down 89.33 a barrel. look at that under 90 bucks. >>> iran launch as major crack down to control its currency crisis. its off shore oil platforms reportedly being hit by cyber attacks. is this the beginning of the end for that regime? we have details on that coming up next. >>> plus hugo chavez wins re-election. a clam down on venezuelan oil pr
. >>> expiration of geothermal energy under oregon's largest volcano is moving headed. the testing phase should be complete i had about 2014. has estimated cost of $43.8 million, with half of its fund coming from, the department of energy of course. >>> marathon petroleum is buying an infamous refinery, we were talking about this, from bp. marathon will pay a base price of $598 million for the texas city oil refinery. you remember that name because there was a big explosion at...
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pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. melissa: is time for a little fun with spare change. joined by sandra smith and democratic strategist and fox is contributor croissant. thanks for coming gun. warm you up. the music mogul and the brooklyn native supplies is fellow new yorkers by straphanging to his last concert at park city and. he took the are trained on saturday around 6:00 p.m. he chatted with a woman sitting next to him. what do you guys think? >> love this. i wish more rap stars would learn from this. a great example. and i think from a marketing perspective it shows that he is in tune with his fans. [talking over each other] >> surrounded by security. you know he to colombo home. >> probably running late. the place is surrounded by subway stops, and it is hard to get to if you are n
pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. melissa: is time for a little fun with spare change. joined by sandra smith and democratic strategist and fox is contributor croissant. thanks for coming gun. warm you up. the music mogul and the brooklyn native supplies is fellow new...
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number three, open america's resources to energy development. a lot of people are calling for this. especially when you see the fracking boom that is going on around the country. >> well the house has actually passed a long list of measures to devep america's vast energy resources. the problem is they have all stopped the senate. if you just, including our shale oil reserves, you look at american petroleum, that makes saudi arabia look like a petroleum pigmy. we have three times the petroleum resers saudi arabia has. the only difference, saudi arabia develops and prospers from their reserves. our government actively obstructs america haste ability to do the same. >> you know, i have got to ask you before we go because you made it so clear things we can do with the econo to get it moving again. have you talked to mitt romney? have you given him any advice? are you disappointed how this campaign is running? i know i'm throwing you sort of a curveball because we haven't been talking about that but that is the question of the day all over that he is not making his economic message clear
number three, open america's resources to energy development. a lot of people are calling for this. especially when you see the fracking boom that is going on around the country. >> well the house has actually passed a long list of measures to devep america's vast energy resources. the problem is they have all stopped the senate. if you just, including our shale oil reserves, you look at american petroleum, that makes saudi arabia look like a petroleum pigmy. we have three times the...
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energy is being produced to power our lives. while energy development comes with some sk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood inrance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. ♪ . so time for a little fun with spare change today. we're joined by our very own emac as we call her, liz macdonald. ashley we
energy is being produced to power our lives. while energy development comes with some sk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's...
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i would not leave out energy either. and regardless of the global growth story, energy is one of the things that people need and look at the gas prices. they've got to have it so the prices are going up and earnings are going up regardless of what happens to the economy in six, nine months. >> i think about housing and real estate. mortgage rates, going to keep those things way, way down. what i'm saying is, if you've got money and you invest it, then he's going to help you, if you're part of the broader economy, you're struggling to get along at the lower end of the income scale and don't have much to invest, you don't have a lot. >> pretty much. we can't just leave it right there. [laughter] >> let's get this clear. if i, as an interviewer, i rely on you to come up with at least one full statement in response to any statement that i might make, so can you rephrase that? >> yes, i can, you have to be in this market because ben bernanke wants you to be in this market. inflation is directly to the stock market and you can
i would not leave out energy either. and regardless of the global growth story, energy is one of the things that people need and look at the gas prices. they've got to have it so the prices are going up and earnings are going up regardless of what happens to the economy in six, nine months. >> i think about housing and real estate. mortgage rates, going to keep those things way, way down. what i'm saying is, if you've got money and you invest it, then he's going to help you, if you're...
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spent on energy, on food and stuff like that. this warm weather has brought down the price of lobster. it helps factor in with that strength and confidence. tracy: earning season starts next week. alcoa to stay. jpmorgan, wells on friday. do you care about any of that? >> i care about all of them. tracy, again, listen to the report. do not read the headlines. listen to what the ceos have to say. that will decide the next move in the market. for right now, we are bullish. as romney looks stronger and stronger, that is also bullish for the market. tracy: i love doing this with you. you have to come back. have a great weekend. ashley: lobster at half price. why not. coming up next. liz claman live in cleveland with the people who are hoping that city broke. find out how his company which was purchased by berkshire hathaway maintains it competitive edge. counter to "the closing bell" is next. ♪ him ♪ ♪
spent on energy, on food and stuff like that. this warm weather has brought down the price of lobster. it helps factor in with that strength and confidence. tracy: earning season starts next week. alcoa to stay. jpmorgan, wells on friday. do you care about any of that? >> i care about all of them. tracy, again, listen to the report. do not read the headlines. listen to what the ceos have to say. that will decide the next move in the market. for right now, we are bullish. as romney looks...
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pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation fi'm sold. breast cancer crusade. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. >> it has not been valued. democrats will not turn out 7% higher. if they think they will, they will be very surprised in november. charles: that was during our last hour. catch more varney & company every day. you have to tune in every weekday at 920 eastern time. >> it is up just in the month of october. today, what we are looking at is bank of america. they are cutting netflix. they moved to the downside. 8.5%. they have cut it to in underperformer to a buy. 23%. this is analyst talking about the growth potential. amazon is not a competition to netflix. you have them pulling back a little bit. charles: thank you a lot. speaking of volatility. showing a big screen and a pull against women voters. president obama was up 18% or 18 points before the debate. when i
pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation fi'm sold. breast cancer crusade. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. >> it has not been valued. democrats will not turn out 7% higher. if they think they will, they will be very surprised in november. charles: that was during our last hour. catch more varney & company every day. you have to tune in...
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bio diesel ray noble energy group. up next, we are asking dan oh, the ceo president, how he is turning trash into treasure. could it be the solution to our problems? ♪ follow the wings. ♪ liz: here is your fox business market check. we have cliff petro resources. the largest iron ore producer. it is surging today. iron ore for immediate delivery in china saw its biggest gain in a month today. does this sound a little familiar? if you watch this show, it should. listen to what ben willis said last month what we had him on the show. >> china took all a good bit in terms of iron ore to create steel. at this time last year, iron ore was trading at $180 a metric ton. liz: what does this tell you, a nice little move to the upside? >> we are starting to see some green shoots caught a few well, out of china. a little bit of recovery from the steel side. it is ready to step in and stimulate the economy. that is what that chart is showing you. liz: we told you. ben willis told you. you heard it right here first and sure enou
bio diesel ray noble energy group. up next, we are asking dan oh, the ceo president, how he is turning trash into treasure. could it be the solution to our problems? ♪ follow the wings. ♪ liz: here is your fox business market check. we have cliff petro resources. the largest iron ore producer. it is surging today. iron ore for immediate delivery in china saw its biggest gain in a month today. does this sound a little familiar? if you watch this show, it should. listen to what ben willis...
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us bank ♪ melissa: so, on to energy. you know it will be one of the big top picks in tonight's debate. which candid and the upper hand? let's break down their plans. executive vice president of the consumer energy alliance. what do you expect to hear from the president on energy? >> well, i think the talking points that we will hear from the president on that he has and all of the above energy plan and will certainly highlight the fact of we have been producing more oil than we have the last 15 years and that natural gas production is up quite a bit and that he wants to get us off well enough of coal. melissa: it is sort of disingenuous in my mind for him to take credit. when i hear him talking about the drilling, that is all on private land, not federal. natural gas, that is a function of technological breakthrough. will he be it will take credit for those things? >> he will certainly try. you know. we would point out that the oil production and natural gas production on federal land has gone down dramatically over the
us bank ♪ melissa: so, on to energy. you know it will be one of the big top picks in tonight's debate. which candid and the upper hand? let's break down their plans. executive vice president of the consumer energy alliance. what do you expect to hear from the president on energy? >> well, i think the talking points that we will hear from the president on that he has and all of the above energy plan and will certainly highlight the fact of we have been producing more oil than we have the...
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in a nod to the booming energy industry, booming shale and gas production will give u.s. rerefineries advantages over others around the world. fracking in unconventional shale will push refiners into higher utilization rates. the challenge? getting fuel from the field toe the refineries. crude oil futures rallied today. look at that. 4%. that is a massive rally. they were rebounding as shares dropped in a previous session. crude climbed 3.7%. look at that. it climbed 4.5%. but it was higher by $3.57, to 91.71. closing up over $91 a barrel. >>> riots in tehran as iran's currency is collapsing. thery al he is value -- reel down 70%. can you imagine if that happened to the dollar? what is coming up next in iran. >>> the post office defaulted on another $5 billion plus payment. the postmaster general is here for a exclusive interview. i have a business plan to share with him. he will evaluated. do you ever have too much money? ♪ úwñoa ♪ . melissa: so you saw it here yesterday the iranian economy is collapsing. people are taking to the streets to protest hyperinflation
in a nod to the booming energy industry, booming shale and gas production will give u.s. rerefineries advantages over others around the world. fracking in unconventional shale will push refiners into higher utilization rates. the challenge? getting fuel from the field toe the refineries. crude oil futures rallied today. look at that. 4%. that is a massive rally. they were rebounding as shares dropped in a previous session. crude climbed 3.7%. look at that. it climbed 4.5%. but it was higher by...
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pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. ♪ tracy: 30 past the hour. let's get a check on the markets as we do every 15 minutes. nicole petallides. nicole: what kind of day would you describe today? it is a holiday and we are to the downside. >> very light volume. i got a very good spot right up front at the train station this morning. with the bonds and banks being closed. everyone just sits around and waits to see if there will be a headline out of europe. economic data, nothing on the calendar today. we have alcoa coming out tomorrow after the bell. nicole: when you talk about tomorrow, we will kick off earnings season. alcoa obviously, does that first. what do you think the big picture is? >> historically, earning season had a little bit of a boost to our market. it is a bigger picture thin
pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. ♪ tracy: 30 past the hour. let's get a check on the markets as we do every 15 minutes. nicole petallides. nicole: what kind of day would you describe today? it is a holiday and we are to the downside. >> very light volume. i got...
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. ♪ energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ >> welcome back. we are taking a look at your top commodity movers. looking at rbob gasoline. reversing yesterday the big
. ♪ energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're...
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researchers projecting the energy drink industry overall expanding 86% over the course of the next five years. red bull expansion signalling the company is trying to keep up with its competition, you know, monster, rock star and all these drinks offer a variety of flavors and now dagen will be what? blueberry? dagen: all of the above. i can't do a homer simpson drool kind of thing. i drink like eight a day. connell: that's our second thing this hour that you don't see on every business show. third quarter earnings meantime. earnings season is kicking off this week. dagen: what moves should you make ahead of that? sandra smith has today's trade. sandra: beware of the fact that the broader stock market has basically just been going straight up, especially since those june lows. there's anticipated drop in third quarter earnings overall from s&p 500 companies. there's a lot of concern from wall street analysts right now that this run-up is not justified by the earnings we are about to get from these companies. we're kicking off with alcoa after the bell tomorrow, and this is a stock that's
researchers projecting the energy drink industry overall expanding 86% over the course of the next five years. red bull expansion signalling the company is trying to keep up with its competition, you know, monster, rock star and all these drinks offer a variety of flavors and now dagen will be what? blueberry? dagen: all of the above. i can't do a homer simpson drool kind of thing. i drink like eight a day. connell: that's our second thing this hour that you don't see on every business show....
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how investors are they and energy independence? the uae would benefit usually from a less hydraulic fracking. the press relies on the white house leaks now the white house accused of a quote -- cover-up and stonewalling. will the voters take notice? there they are. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. lou: joining me now the "a team" angelo mcglowan and the executive editor of "the weekly standard", fred standard", fred, there is not a chance i would begin with you tonight. [laughter] president obama is rushing romney nearly every poll. is this over? >> absolutely not. i do not believe the this is a runaway. why will be trust these guys now? should i say it is a ploy to get people not to vote to? >> 9 million americans said they will not go to i think we should be tr
how investors are they and energy independence? the uae would benefit usually from a less hydraulic fracking. the press relies on the white house leaks now the white house accused of a quote -- cover-up and stonewalling. will the voters take notice? there they are. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your...
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how investors are they and energy independence? the uae would benefit usually from a less hydraulic fracking. the press relies on the white house leaks now the white house accused of a quote -- cover-up and stonewalling. will the voters take notice? there they are. there they are. the "a team" seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. -oh, that's just my buds. -bacon. -my taste buds. -[ taste buds ] donuts. how about we try this new kind of fiber one cereal? you think you're going to slip some fiber by us? okay. ♪ fiber one is gonna make you smile. ♪ [ male announcer ] introducing new fiber one nutty clusters and almonds. lou: joining me now the "a team" angelo mcglowan and the executive editor of "the weekly standard", fred standard"
how investors are they and energy independence? the uae would benefit usually from a less hydraulic fracking. the press relies on the white house leaks now the white house accused of a quote -- cover-up and stonewalling. will the voters take notice? there they are. there they are. the "a team" seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep...
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energy stock very strong. romney made a big pitch and produce more american energy. is this or is this not a ronny rally? nicole petallides. nicole: this absolutely can be a -- [talking over each other] nicole: i am a journalist first. absolutely. when you talk to traders on wall street a majority, 90% or more will say governor romney is the better choice, better candidate for business and growth and job creation and such. you can go with that theory definitely. one of the traders was talking about obamacare and wanted to know if that would cover president obama himself after last night's will thing. stuart: that is very cool. but good. thank you very much. it can be a romney rally. recovering investment banker carol, you think it is. >> i think it adds to it. i don't think we can give the entire thing to romney but adds to it. stuart: you are hedging again. >> you have to hedge your bets. >> romney is good for the economy. barack obama has been bad for the economy. i am not a market -- [talking over each other] >> take the uncertainty out of the market. stuart: the
energy stock very strong. romney made a big pitch and produce more american energy. is this or is this not a ronny rally? nicole petallides. nicole: this absolutely can be a -- [talking over each other] nicole: i am a journalist first. absolutely. when you talk to traders on wall street a majority, 90% or more will say governor romney is the better choice, better candidate for business and growth and job creation and such. you can go with that theory definitely. one of the traders was talking...
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well, some of your biggest movers on the cme today were in the energy sector. take a look at natural gas prices jumping 5 president on the session. weather in the midwest, we're starting to see temperatures cool down, and heating demand is picking up, so matchal gas prices up 5%, hitting a ten-month high today. we're also seeing shrinking supply of some of those meat products, hogs, live cattle, these were some of the best performers today on the cme. by the way, the usda showing that wholesale pork prices rose more than 3% just last week. take note because that's when the consumer starts to see those higher prices. and your worst performers down here today, wheat and soybeans. you saw an active trading pit just a few minutes ago, five out of the last six sessions wheat prices we have seen go down. there's been rainfall in the mid and, guess what? it's time to be planting those winter wheat crops, and can it's pretty good conditions, so prices have been going down. those are your biggest movers on the cme, back to you. ashley: the hogs are up, what i like to he
well, some of your biggest movers on the cme today were in the energy sector. take a look at natural gas prices jumping 5 president on the session. weather in the midwest, we're starting to see temperatures cool down, and heating demand is picking up, so matchal gas prices up 5%, hitting a ten-month high today. we're also seeing shrinking supply of some of those meat products, hogs, live cattle, these were some of the best performers today on the cme. by the way, the usda showing that wholesale...
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domestic, abundant, clean energy to power our lives... that's smarter power today. that leads back from the exchange and she has a spicy loser for us. nicole: we are looking at jacoby mexican grill? we have seen this stock off sharply today. david einhorn reiterated his discontent with green mountain coffee. we talked a lot about that. he is doing that -- a couple reasons. talking about rising food prices and reasons to short according to david einhorn. rising food prices increase the employee health costs and last but not least the point he made is in a conference today talking about competition from taco bell. these are the reasons at this time and why we are seeing the stock up 6%. dow and the s&p with down arrows down 40 points and attack heavy nasdaq with a gain of 5 points at $0.02. connell: all right. dagen: the first of the presidential debate. press and strategy mode. connell: managing editor of fox business is here now. time for us which we always appreciate. neil: i would ask them to put the debate back a little bit. we believe that. connell: this expecta
domestic, abundant, clean energy to power our lives... that's smarter power today. that leads back from the exchange and she has a spicy loser for us. nicole: we are looking at jacoby mexican grill? we have seen this stock off sharply today. david einhorn reiterated his discontent with green mountain coffee. we talked a lot about that. he is doing that -- a couple reasons. talking about rising food prices and reasons to short according to david einhorn. rising food prices increase the employee...